UMB Financial enters change-in-control severance agreements with named executive officers
On February 9, 2026, UMB Financial's Compensation Committee approved change-in-control agreements with each named executive officer, providing severance if they are terminated without cause or resign for good reason within 24 months after a change in control. The filing gives no financial amounts for the company, and the full agreements will be filed with the 10-Q for the quarter ending March 31, 2026.
Key points
- Agreements approved February 9, 2026 with each named executive officer; initial term runs through December 31, 2026 and renews annually.
- CEO and CEO of UMB Bank, n.a. receive 3X the sum of base salary and bonus; other named executive officers receive 2X.
- Benefits include 18 months of group health premiums, pro-rated target bonus, and full equity acceleration for assumed awards.
- Full form of agreement to be attached to the Form 10-Q for the quarter ending March 31, 2026.
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 10, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.